DAXEUR

The German index is starting the week by seeking a balance between the optimism created by expectations of a rate cut from the Fed on Wednesday and the global slowdown concerns stemming from weak growth data coming from Japan. While the expectation of a rate cut supports global stock markets, the slowdown signals in the global economy pose a pressure factor for the export-oriented DAX. Due to these two opposing dynamics, the index is expected to struggle to establish a clear direction until the Fed's decision and to follow a cautious trajectory.